Bank Charter Conversions Drop State's Number of Thrifts to Three by Arkansas Business Staff Posted 7/7/2014 12:00 am Updated 10 months ago United Bank of Springdale and Benefit Bank of Fort Smith received approval from the Arkansas State Bank Department to convert from federal savings banks to state banks. Want the Full Article? Get Unlimited Archive Access for $19.95 per Year Readers must pay to access stories older than 20 days. Purchase Now Already have archive access? Login to view this article.